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Legislation #: 130605 Introduction Date: 8/1/2013
Type: Resolution Effective Date: none
Sponsor: COUNCILMEMBERS SHARP, DAVIS, BROOKS, GLOVER, CIRCO, CURLS, MARCASON AND REED
Title: Urging the Missouri General Assembly to sustain Governor Jay Nixon’s veto of House Bill 253; and providing direction to the City Clerk.

Legislation History
DateMinutesDescription
8/1/2013 Filed by the Clerk's office
8/1/2013 Immediate Adoption of Resolution
8/1/2013 Adopted

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130605.pdf Authenticated 103K Authenticated

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RESOLUTION NO. 130605

 

Urging the Missouri General Assembly to sustain Governor Jay Nixon’s veto of House Bill 253; and providing direction to the City Clerk.

 

WHEREAS, Governor Nixon vetoed House Bill 253 because of the devastating economic impact the bill would have on the citizens of Missouri, with one of the bill’s provisions creating an estimated $800 - $900 million State revenue shortfall over a ten year phase-in period; and

 

WHEREAS, three leading independent credit rating agencies have stated that House Bill 253 could seriously jeopardize Missouri’s fiscal health and Missouri’s long-standing AAA credit rating if it were to become law; and

WHEREAS, a lower credit rating for the State results in higher bond interest rates for school districts, cities and counties, colleges and universities, and ambulance and fire districts; and

 

WHEREAS, if the federal Marketplace Fairness Act of 2013 is enacted, House Bill 253 requires income tax rates to immediately decrease, resulting in the State of Missouri facing a maximum first-year general revenue loss of $1.2 billion, according to Standard & Poor’s; and

 

WHEREAS, the Missouri General Assembly is set to convene on September 11, 2013, to begin considering sustaining or overriding Governor Nixon’s vetoes of bills that were presented to him during the 2013 legislative session; NOW, THEREFORE,

 

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

 

That the Missouri General Assembly is hereby urged to sustain Governor Jay Nixon’s veto of House Bill 253;

 

BE IT FURTHER RESOLVED that the City Clerk is directed to forward this resolution to Governor Jay Nixon, all members of the Missouri General Assembly representing portions of Kansas City and the Missouri Municipal League.

 

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